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Friday , January 24 2020


Kuwait plans to restart Wafra field oil production

KUWAIT CITY, Jan 23: Wafra has been shut since May 2015, due to a dispute over Saudi Arabia’s renewal of Chevron’s concession there, reports ArabianBusiness.com. …

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Alafco announces successful closure of a $600 million five-year unsecured Murabaha facility

KUWAIT CITY, Jan 23:  Alafco Aviation Lease and Finance Company on Wednesday announced the successful closure of a $600 million five-year unsecured Murabaha facility as …

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Kuwait real-estate sector to flourish in 2020

Housing covered 50% market last year KUWAIT CITY, Jan 22, (KUNA): The real-estate sector in Kuwait is forecast to thrive in 2020 against backdrop of …

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Kuwait Chamber of Commerce sees upside to Brexit

Business delegation from the United Kingdom during a meet in the Chamber of Commerce KUWAIT CITY, Jan 22: Kuwait’s Chamber of Commerce and Industry said …

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Gas import from Iraq – Feasibility study conducted

KUWAIT CITY, Jan 21: The Kuwait Petroleum Corporation (KPC) said an unidentified company has conducted a feasibility study to import gas from Iraq in spite …

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Kuwait says Ukraine ripe ground for investment & boost in trade

‘Lack of direct flights major obstacle’ Kuwait trade team holds meeting with the Ukrainian delegation KUWAIT CITY, Jan 21, (KUNA): Ukraine possesses “enticing” investment legislation, …

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NBK reports 2019 net profit of KD 401.3mn

Board proposes cash dividend of 35 fils per share, and 5% bonus shares Nasser Musaed Al-Sayer, NBK Group Chairman and Isam Al-Sager, NBK’s Group Chief …

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CBK keen on setting up new ‘payments system company’

System compatible with int’l principles, standards KUWAIT CITY, Jan 20: The Central Bank of Kuwait (CBK) is keen on establishing a new Payments System Company …

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ACK keen to structure academic, service activities

Activities in line with Kuwait’s Vision 2035 Dr Issam Zaabalawi KUWAIT CITY, Jan 20: The President of the Australian College in Kuwait, Dr Issam Zaabalawi, …

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Online system for issuance of ‘tax certificates’ launched

KUWAIT CITY, Jan 19: The Ministry of Finance has launched the online system for issuance of tax certificates, reports Al- Seyassah daily. This will allow …

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